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atovar10
Nov 6, 2017 9:20 PM

ETH/USD Rectangle Pattern  

Ethereum / DollarBitfinex

Description

Although ETH has been trading in an ascending triangle on the higher TF. Here we can see a rectangle consolidation that tried to break about a month ago but it got smacked down. If we can break this level up we can easily see a 1st target of 350 then retest of all time high.

Comment

All targets hit!! retest of all time high was broken, now waiting for a pullback to resistance now turned support to buy back in.
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